Plan Ledger DOL Form 5500 · updated monthly

The Kings Daughters School401(k)

THE KING'S DAUGHTERS' SCHOOL RETIREMENT PLAN · COLUMBIA, TN · plan year 2024

Reported admin expense ratio · 2024
0.39%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

The Kings Daughters School reported $22,387 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $5,072 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Tennessee (1,018th of 1,496), and 2,440th of 3,091 in educational services. In 2024, the employer put in $7.98 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,875,707
Participants with balances171
Active participants135
Employer contributions$684,662
Employee contributions$85,838
Employer contribution per active participant$5,072
Average account balance$34,361
Benefits paid to participants$983,320
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 171 accts · $685K emplr
2023$5.5M · 168 accts · $645K emplr
2022$5.2M · 162 accts · $507K emplr
The The Kings Daughters School 401(k) match · 2024
Employer contribution per active participant$5,072
Median for plans this size$1,313
2024$5,072 per active participant
2023$4,812 per active participant
2022$3,962 per active participant

The Kings Daughters School's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$22,387 · 0.39%
2023$21,304 · 0.40%
2022$18,475 · 0.38%
Same employer
Similar plansEducational Services · Tennessee
Jackson Christian School TN$6.9M · 0.59%
Columbia Academy, Inc. TN$6.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620560293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.